Search found 23 matches

by Redfactor
Sat Mar 21, 2020 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency Fund or Invest
Replies: 11
Views: 1072

Re: Emergency Fund or Invest

Thank you for all the replies. I intend to maintain our normal contributions but divert additional money towards an emergency fund. I will say, one of the things I value is that if either my wife or I were to lose employment, one spouse can cover all of our bills while the other stays home with the ...
by Redfactor
Fri Mar 20, 2020 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency Fund or Invest
Replies: 11
Views: 1072

Emergency Fund or Invest

Hello all, A bit about me: I have a secure, government job with a well-funded pension. My career started late due to extensive eduction and military service. I am 34 years old and have maxed my 457 the last few years. My wife and I (also employed in stable position) have two small children ages 2 an...
by Redfactor
Sat Feb 29, 2020 4:29 pm
Forum: Investing - Theory, News & General
Topic: Where My 100% Equities Peeps At?!?
Replies: 211
Views: 20914

Re: Where My 100% Equities Peeps At?!?

Here. I am still in the accumulation phase and don't have as much to lose as many here; that makes it easier to swallow. I just keep repeating to myself that it's about the number of shares and not the number behind the $ symbol. My current plan is to tighten up on the spending belt to divert even m...
by Redfactor
Wed Jan 16, 2019 11:30 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 60208

Re: John Bogle has died at age 89

Thank you, Jack.

You've inspired me not only in my approach for investing, but also in giving back and leaving my world in a better place than when received.

You will be missed.
by Redfactor
Mon Jan 07, 2019 1:33 am
Forum: Personal Investments
Topic: Pension Handcuffs?
Replies: 51
Views: 4832

Re: Pension Handcuffs?

I would spend a lot of time making sure that the math is correct. Typically, pensions pay something like: A: age + years of service, B: some type fo average pay, over the last N years. And use A and B as a lookup function. Are there maximum caps, for type of position and role that you have? Do you ...
by Redfactor
Wed Nov 07, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: How high can House prices go
Replies: 67
Views: 8922

Re: How high can House prices go

My wife and I bought our first home a couple years ago and we stretched to get into a home in an area we liked and a home we can grow with. It was scary to have that size payment due every month, and it has proven to be a strain. That said, each promotion and salary adjustment has made it more and m...
by Redfactor
Wed Jul 04, 2018 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: 25-year-old military vet/undergrad student in search of advice
Replies: 11
Views: 1208

Re: 25-year-old military vet/undergrad student in search of advice

USMC Afghanistan vet here. I think you're doing great. I am a bit further along in age but you are much further financially than I was when I was 25. Congrats on that front. One thing I did that might be something to consider: I paid for most of my undergrad through scholarships, grants, and out of ...
by Redfactor
Thu May 17, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: What exactly causes a spring mattress to wear out?
Replies: 27
Views: 3455

Re: What exactly causes a spring mattress to wear out?

Besides the obvious manufacturing defect on a spring causing it to break, I think another way that innerspring mattress fail is that the coils are not adequately supported and/or glued, become dislodged, and fall on their side within the mattress. I think this is more of a risk with super cheap matt...
by Redfactor
Sat May 12, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on building a timeless mens wardrobe?
Replies: 68
Views: 8106

Re: Advice on building a timeless mens wardrobe?

For suits, I would do one solid navy and one solid medium or charcoal grey. No pinstripes and any pattern should be from the fabric weave. I would get medium width labels, each notch rather than peak. No pick stitching. Stay away from suits that are too tight or arms holes that are too small. On the...
by Redfactor
Wed May 02, 2018 9:39 pm
Forum: Personal Consumer Issues
Topic: Suit for a traveling man, probably not bespoke
Replies: 15
Views: 2134

Re: Suit for a traveling man, probably not bespoke

What is the event that requires the suit? Knowing the event will go a long way in suggesting different cuts/makers.
by Redfactor
Sat Apr 28, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Would you make this financial decision??
Replies: 18
Views: 2224

Re: Would you make this financial decision??

We are a rural midwest couple working in an expensive area in TN. DH has been working fulltime for sometime now and I started working just last month. We are in late 30’s. DH salary 130k, my salary 75k. Our monthly rent is 1350. We are considering buying a upper 500s new house that will actually be...
by Redfactor
Tue Apr 10, 2018 12:55 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 284
Views: 36526

Re: What is your AA, given your age? and, Why?

Early 30's

100% equities
20% International
6% tilt to small cap


I have a lot of time to allow for the market to recover when it drops and I have a stable career with a pension. I feel I can shoulder the higher risks at the present moment to allow for greater rewards 25 years from now.
by Redfactor
Tue Feb 06, 2018 1:47 am
Forum: Personal Investments
Topic: 457 Question
Replies: 5
Views: 513

Re: 457 Question

1) There are no salary limits to a 457 plan, including Roth 457s. 2) Investment options are determined by the program's offerings. You should speak with someone about what opportunities are available within your 457 and invest (or not) accordingly. There are reasons to have money in taxable accounts...
by Redfactor
Sun Jan 28, 2018 5:24 pm
Forum: Personal Consumer Issues
Topic: How to choose a college
Replies: 67
Views: 4085

Re: How to choose a college

I am a big proponent of the small liberal arts schools with high grade inflation. Unfortunately, most state schools adhere to more traditional grading policies, where a 3.0 GPA is respectable. In some state schools, a STEM graduate with 3.3 GPA could be in the top 20% of their program. However, whe...
by Redfactor
Sun Jan 28, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: How to choose a college
Replies: 67
Views: 4085

Re: How to choose a college

I am a big proponent of the small liberal arts schools with high grade inflation. Unfortunately, most state schools adhere to more traditional grading policies, where a 3.0 GPA is respectable. In some state schools, a STEM graduate with 3.3 GPA could be in the top 20% of their program. However, whe...
by Redfactor
Sun Jan 28, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: How to choose a college
Replies: 67
Views: 4085

Re: How to choose a college

I am a big proponent of the small liberal arts schools with high grade inflation. Unfortunately, most state schools adhere to more traditional grading policies, where a 3.0 GPA is respectable. In some state schools, a STEM graduate with 3.3 GPA could be in the top 20% of their program. However, whe...
by Redfactor
Sun Jan 28, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: How to choose a college
Replies: 67
Views: 4085

Re: How to choose a college

This is how I suggest thinking about undergraduate education: More and more often, graduate degrees are required for the best jobs or for advancing within one's field. If your child is interested in fields where graduate degrees are common and/or required, I would suggest looking at his/her undergra...
by Redfactor
Wed Jan 24, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 20557

Re: Dear wife quits job and now we are down to 1 income

If your wife is interested in raising them at home, you might find there isn't much difference financially whether she works or stays home for the next few years. This is a very old fashion way of thought. Even if it’s break even, a spouse *should* continue to work to maintain their skills and care...
by Redfactor
Mon Dec 25, 2017 5:28 am
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 37
Views: 4164

Re: Securing Law School Scholarships

I think it's a little early to say you have a better than 50:50 shot at Harvard. First, it's unclear whether you're a URM. You stated that you're Hispanic, but not Latino. Can you clarify? Traditionally, the big three for being a URM are Native Americans, African Americans, and Mexican Americans. If...
by Redfactor
Fri Dec 22, 2017 4:33 am
Forum: Personal Investments
Topic: Investment strategy
Replies: 5
Views: 781

Re: Investment strategy

Also, I just found out that my employer has a Roth 401k option. When I opened the Roth through Fidelity I wasn’t aware of this. I assume that contributing to the Roth 401k is pointless since I already have a Roth through Fidelity? Roth IRAs do not have required minimum distributions and can be a po...
by Redfactor
Sun Dec 17, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Terminology: condo vs apartment
Replies: 26
Views: 2860

Re: Terminology: condo vs apartment

I agree with above posters that the usage differs by region. I am a west coast guy and around here an apartment means a unit that is rented, with the entire complex owned by a single entity (whether that be a person, a management company or a group of investors). Condos are owned on a per-unit basis...
by Redfactor
Tue Dec 05, 2017 2:12 pm
Forum: Investing - Theory, News & General
Topic: Unsolicited advice - 32 yo w/ 80% bonds, fixed income fund
Replies: 36
Views: 3992

Re: Unsolicited advice - 32 yo w/ 80% bonds, fixed income fund

While I don't agree with his AA, I think it's important to recognize that he is saving and taking an interest in his retirement. If only every 32 year-old had 50k saved towards retirement.... He is doing something good; he just isn't doing it optimally. An adjustment in perspective may alleviate the...